You can see a perfect storm brewing here.
Most people will have just had, or are about to have a huge mortgage increase, on top of huge utility bills, interest rates way up, new bike costs way up, that PCP renewal will be crippling for many.
I can see a huge stack of end-of-deal PCP cars and bikes piling up soon, particularly bikes, people need the car to get to work, I can see them taking a second PCP term on the old car, but bikes being handed back as owners struggle to pay the bills.
Possibly a return to end of year deals from all manufacturers, I can rememeber many years ago at around this time deals on everything, even BMW would give £1750 towards a deposit and a grand of luggage to clear out a load of unsold GS's, I remember as when I bought my Super Tenere every dealer regardless of brand had mega deals, I got 20% of my Tenere, a mate got 20% of aTriumph Exploder - George White had used bikes at a grand more than used ones!
The we see the dealers start to explode, a load of unsold stock, low margins, massive overdrafts, no punters, PCP bikes being returned in droves, few signing up for new ones an nobody with the cash for the used ones.....
....Save your hard earned folks, some deals around the corner!
